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New Deal


Announced

Rivean Capital-backed Xindao to acquire Vinga.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Consumer Services: Other

gift cards

Majority

Private Equity

Sweden

Acquisition

Friendly

advertising services

Private

Pending

Single Bidder

Synopsis

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Rivean Capital-backed Xindao, a provider of sustainable business gifts, agreed to acquire Vinga, a provider of business gifts and gift cards. Financial terms were not disclosed. "We believe this is a unique opportunity for two great companies which have a lot in common, to join forces and accelerate our customer-first strategies. I’m very excited to embark on this new chapter with Vinga and believe that together we will be able to better service our existing customers, with sustainability serving as the foundation for our combined growth trajectory," Albert van der Veen, Xindao CEO.

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